Hotel Leela (HOTELEELA) BreakoutAs positive sentiments are chasing hotel stocks in India, momentum move has been shown by "Hotel Leela". Buy on pullback.
Hotelleela
Hotel Leela - Initiating Big Move AheadIt is been observed that the price action firstly broke out from the long term trend line and now breaking out from a short term trend line indicating a strong up move ahead.
It is not fundamentally good but it shall provide good short term returns.
Target 1: 30 (50%)
Target 2: 45 (120%)
Stoploss: 17 (15%)
Disclosure: Personally invested.
